By Samantha Peterson, Thursday, April 15, 2004. Government sponsorship of Freddie Mac, Fannie Mae and the Federal Home Loan Banks was worth about $23 billion to those entities in 2003, and more than a third of that amount wasn't passed through to borrowers, according to a new report from the Congressional Budget Office. The $23 billion figure represents an almost 70 percent increase in the perceived federal subsidy those entities received in 2000, which CBO reported in an earlier study. more...
By Inman News, Thursday, April 15, 2004.
By Inman News, Thursday, April 15, 2004. Bank of America this week reported first quarter earnings of $2.7 billion up from $2.4 billion, an 11 percent increase, despite a decline in mortgage banking income. Per share (dilu more...
By Inman News, Thursday, April 15, 2004. Fannie Mae's 2003 National Housing Survey found that while most Americans view homeownership as a safe investment, four gaps must be addressed to close the minority homeownership gap. more...
By Inman News, Thursday, April 15, 2004. It's official. According to the latest membership data, the National Association of Realtors has broken the 1 million mark. more...
By Inman News, Thursday, April 15, 2004. Mortgage rates climbed to fourth-month highs this week in response to positive economic news, according to surveys conducted by mortgage giant Freddie Mac and Bankrate. more...
By Inman News, Thursday, April 15, 2004. Coldwell Banker Success, an independently owned and operated Coldwell Banker affiliate in Scottsdale, Ariz., has acquired French & French Fine Properties of Santa Fe, N.M. more...
By Inman News, Thursday, April 15, 2004. An Inman News story, "Real estate commission splits cross legal line," yesterday contained two inaccura more...
By Inman News, Thursday, April 15, 2004.
By Robert Bruss, Thursday, April 15, 2004.
DEAR BOB: I am an avid reader of your articles for many years. My fiancé and I want to buy a house, but so far we haven't purchased yet. We both have good jobs so income is not a problem. Is this a good time to buy, with home prices so high, or should we wait to buy a home? – Dolma Y. DEAR DOLMA: When is the best time to buy a house or condo? Answer: Five years ago! That's an old but very true real estate joke. more...
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